Capitalist maturity and corporate responses to economic liberalization in India the steel, auto, and software sectors

This paper presents the creative adjustment undertaken by some segments of the Indian corporate sector to economic reforms. While economic dynamism has been far short of expectations, the commercial maturity of Indian firms in certain segments has been noteworthy. The diversity of strategies reflect...

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Veröffentlicht in:Contemporary South Asia
1. Verfasser: D'Costa, Anthony P. (VerfasserIn)
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Sprache:eng
Veröffentlicht: 2000
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Zusammenfassung:This paper presents the creative adjustment undertaken by some segments of the Indian corporate sector to economic reforms. While economic dynamism has been far short of expectations, the commercial maturity of Indian firms in certain segments has been noteworthy. The diversity of strategies reflects the evolving institutional arrangements which continue to filter, regulate, and accommodate increased market pressures in contingent ways. Moving away from the historically correct but static perception that family-owned conglomerates are non-innovative, the author shows that today Indian capitalists, even if family controlled, have matured considerably. (DSE/DÜI)
Beschreibung:In: Contemporary South Asia
ISSN:0958-4935